Review below MOS Docs

OC4J Fails to startup with “ERROR Failed to set the internal configuration of the OC4J JMS Server” (Doc ID 372412.1)
OAFM OC4J is Not Starting. Error: “time out while waiting for a managed process to start” (Doc ID 952583.1)

Check Log files under ($LOG_HOME/ora/10.1.3/opmn)
and below logs.

$LOG_HOME/ora/10.1.3/j2ee/oafm/oafm_default_group_1/application.log
$LOG_HOME/ora/10.1.3/j2ee/oafm/oafm_default_group_1/server.log
$LOG_HOME/ora/10.1.3/opmn/default_group~oafm~default_group~1.log
$LOG_HOME/ora/10.1.3/opmn/oafm_default_group_1/oafmstd.out
$LOG_HOME/ora/10.1.3/opmn/oafm_default_group_1/oafmstd.err
$LOG_HOME/appl/admin/log/adoafmctl.txt

Issue resolved after doing below actions:

Clear the TLD cache:

1. Stop all middle tier services
2. Delete/backup all the files under directory:

$COMMON_TOP/_TldCache
$ORA_CONFIG_HOME/10.1.3/j2ee/oafm/persistence

cd $COMMON_TOP
mv $COMMON_TOP/_TldCache /home/applprd/oafm_log_backup041116/

1.      cd $ORA_CONFIG_HOME/10.1.3/j2ee/oafm/
   mv persistence /home/applprd/oafm_log_backup041116/

3. start all middle tier services

cd $ADMIN_SCRIPTS_HOME
$ adoafmctl.sh stop
$ adoafmctl.sh start
$ adoacorectl.sh stop
$ adoacorectl.sh start

$ adopmnctl.sh status” You should see all as “Alive”